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Advanced Ceramics Market Research Report - Segmentation By Product Type (Monolithic Ceramics , Ceramic Coatings, Ceramic Matrix Composites, Others); Raw Material (Alumina, Silicon Carbide, Zirconia, Titanate, Other); End Use Industry (Automotive, Electrical & Electronics, Industrial Machinery, Medical & Bio Ceramics, Defence & Security, Chemical, Others); By Geography (North America (U.S.A, Canada, Mexico), Europe (Italy, Spain, Russia, Germany, UK, France, Rest of Europe), Asia Pacific (Japan, South Korea, China, India, Australia & New Zealand, Rest of Asia-Pacific), Rest of the World (Middle East, Africa, South America) - Size, Share, Trends, COVID-19 Impact and Growth Analysis Report - Industry Forecast (2022 to 2027)

Advanced Ceramics Market Size (2022-2027)

The global advanced ceramics market was worth USD 9 billion in 2022 and is expected to reach USD 12.7 billion by 2027. The market is projected to grow with a CAGR of 4.2% from 2022-2027. 

Advanced ceramics are non-metallic inorganic solid materials that exhibit qualities like corrosion resistance, low thermal expansion, and a lightness of weight. Advanced ceramic showcases electrical properties ranging from non-conductive to highly conductive. 

COVID-19 Impact on Advanced Ceramics Market

The outbreak of novel corona virus (COVID-19) has affected millions of people worldwide. The World Health Organization (WHO) declared a pandemic. COVID-19 pandemic has increased the manufacturers in countries like China to enlarge their production activities for the medical industry. In the U.S., the manufacturing plants were closed due to the pandemic period, and in countries like China and India, disruption in the supply chain was also closed. The governments across the globe measures to regularize the working of their industries. Due to this, the advanced ceramics market is anticipated to grow in the upcoming years.

Market Drivers

  • Use in Medical Industry

The need for ceramics across the medical industry is increasing and motivates the key companies to extend the production of advanced ceramics stimulates the advanced ceramics market growth. The easy availability of raw materials for manufacturing raw materials is likely to boost the market growth globally. 
The growing consumption of ceramics in the medical industry integrated with rising adoption among the products as a substitute over metals and plastics in the automotive industry fuels the market growth throughout the historical period.

Market Restrains

  • High Cost

The cost associated with manufacturing and ceramics use hinders the growth of advanced ceramics globally. Bio-based lubricants are more expensive compared to traditional lubricants. 

  • Strict regulations

Stringent regulation binding the widespread use of the latest ceramics which hampers the growth of the market globally.

ADVANCED CERAMICS MARKET  REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2022 – 2027

Base Year

2022

Forecast Period

2022 – 2027

CAGR

4.2%

Segments Covered

By Product Type, Raw Material, End Use Industry, and Region

Revenue Forecast by 2027

USD 12.7 Billion

Regions Covered

North America, Europe, APAC, RoW

Market Leaders Profiled

Kyocera Corporation, Ceramtec GmbH, Coorstek Inc., Saint-Gobain Ceramic Materials, Morgan Advanced Materials PLC, Ceradyne Inc., Advanced Ceramic Manufacturing LLC, Blasch Precision Ceramics Inc., Mcdanel Advanced Ceramic Technologies LLC, Rauschert Steinbach GmbH, Others

 

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Segmentation Analysis

The research report on the advanced ceramics market has been segmented and sub-segmented based on product type, raw material, and end-user.

Advanced Ceramics Market - By Product Type

  • Monolithic Ceramics
  • Ceramic Coatings
  • Ceramic Matrix Composites
  • Others

The monolithic ceramics product type segment is likely to hold the largest share in the advanced ceramics market growth in 2022. Industries that need high-temperature operations use monolithic ceramics. Monolithic ceramics are widely used across manufacturing medical devices, and industrial components. 

Ceramic Matrix Composites segment is used to prepare components like turbine blades and vanes. The rising installation ability in the wind energy sector propels the advanced ceramics market growth throughout the forecast period. 

Advanced Ceramics Market - By Raw Material

  • Alumina
  • Silicon Carbide
  • Zirconia
  • Titanate
  • Other

Alumina raw material is dominating the advanced ceramics market growth throughout the forecast period. Alumina ceramic holds different properties like wear resistance, high density, chemical resistance, and compressive strength making them appropriate for a vast variety of applications like circuits, nozzles, and more. 

Zirconate is one prominent element as it provides dielectric and ferroelectric properties and the potentiality to sustain mechanical stress along with high electrical voltage. 

Advanced Ceramics Market - By End-User

  • Automotive 
  • Electrical & Electronics 
  • Industrial Machinery
  • Medical & Bio Ceramics
  • Defense & Security
  • Chemical
  • Others 

Based on the end-user analysis, the electrical and electronics segment dominates the advanced ceramics end-use industry in 2022. The electrical and electronics segment is widely used across various applications like electronic sensors, water production, and power electronics. The demand for electrical equipment and electronic devices fuels the advanced ceramics market growth. 

The automotive segment is expected to grow with the highest CAGR growth and extends from 2022 to 2027. The segment growth owes to wide product usage in electric water pumps and an increase in Electrical Vehicles (EVs) in the automotive industry escalates the segment growth in the advanced ceramics industry. 
 

The Bioceramics segment grows with the quickest CAGR growth during the timeline period. The bioceramics are to replace knee and hip parts operations. 

Regional Analysis

Currently, North America is witnessing the advanced ceramics market with outstanding performance and exhibiting the largest share in terms of revenue. The growth in this region owes to growing demand and rising endorsement of advanced ceramics. The U.S and Canada are significant contributors to the advanced ceramics market. 

Europe is the second-largest region leading the advanced ceramics market. The boosting demand for advanced ceramics from different industries involving automotive, electronics, energy, and defense escalate the market growth in the region. Countries like UK, France, Italy, Spain are majorly contributing towards the market growth. 

However, the advanced ceramics market in Asia-Pacific is projected to be the quickest growing region globally. The market in this region attributes to the rising population, growing demand for better electronic products, and lifestyle changes. India and China are the largest contributors to APAC due to advancements in technologies like 5G, IoT, and supportive government regulations. China is the largest and leading country in the advanced ceramics market. The demand for advanced ceramics in the medical industry is boosting as the Chinese manufacturers have declared an increase in sales in manufacturing. 

In Japan, the electrical and electronic industry is leading globally. "Rebirth Strategy for Japan" was approved by the Japanese government and is concentrating on toughening the manufacturing sector. The above-mentioned factors are propelling the advanced ceramics market growth in Japan. In countries like India, China, and Thailand, the growth relies on factors like rising demand for consumer electronic devices. 

Latin American advanced ceramics market is expected to have a constant growth rate during the historical period. Brazil leads the market with the largest share in terms of value. 

The advanced ceramics market in Middle East & Africa is said to be a captivating region during the historical period. The market growth in MEA owes to growth in demand for advanced ceramics in the automotive industry.

Advanced Ceramics Market Share by Company

  • Kyocera Corporation
  • Ceramtec GmbH
  • Coorstek Inc.
  • Saint-Gobain Ceramic Materials
  • Morgan Advanced Materials PLC
  • Ceradyne Inc.
  • Advanced Ceramic Manufacturing, LLC
  • Blasch Precision Ceramics Inc.
  • Mcdaniel Advanced Ceramic Technologies LLC
  • Rauschert Steinbach GmbH

In February 2018, CreamTec acquired the U.K electro-ceramics business from Morgan Advanced Materials. The acquisition brings out new technological developments and aid in manufacturing a wide range of products and applications.

In June 2022, Morgan Advanced Materials acquired Carbon San Luis. The acquisition is to continue its investments and expand its network. 

NOTABLE HAPPENINGS IN THE GLOBAL ADVANCED CERAMICS MARKET IN THE RECENT PAST

Acquisition

  • On May 29, 2022, Kyocera Fine ceramics acquired Friatec GmbH. The acquisition gives customers complete service through local production and sales.  
  • On January 04, 2022, CeramTec acquired Dentalpoint AG to extend its ceramic Medtech Leadership. By acquiring Dentalpoint AG, CeramTec invests in quickly growing metal-free prostheses and helps patients globally to improve their lives. 

Partnership

  • On June 01, 2022, to advance 3D printed ceramics in INDIA, 3D Ceram joined Shree Rapid Technologies. The partnership is to thicken the foothold of the company and advance 3Dprinted ceramics in the Indian market.
  • On April 15, 2022, Morgan Plc acquired Certech and Carpenter Technology Corporation from the U.S. firm Carpenter Technology Corporation. The acquisition is to extend Morgan's employees to 3,000 and its manufacturing sites.

Advanced Ceramics Market - Forecast (2021 - 2026) 

 

Chapter 1. Advanced Ceramics Market   – Scope & Methodology

1.1. Market Segmentation

1.2. Assumptions

1.3. Research Methodology

1.4. Primary Sources

1.5. Secondary Sources

Chapter 2. Advanced Ceramics Market   – Executive Summary

2.1. Market Size & Forecast – (2021 – 2026) ($M/$Bn)

2.2. Key Trends & Insights

2.3. COVID-19 Impact Analysis

                2.3.1. Impact during 2021 - 2026

                2.3.2. Impact on Supply – Demand

                2.3.3. Impact on Production Cost

                2.3.4. Impact on Supply Chain

Chapter 3. Advanced Ceramics Market   – Competition Scenario

3.1. Market Share Analysis

3.2. Product Benchmarking

3.3. Competitive Strategy & Development Scenario

3.4. Competitive Pricing Analysis

3.5. Supplier - Distributor Analysis

Chapter 4. Advanced Ceramics Market   Entry Scenario

4.1. Case Studies – Start-up/Thriving Companies

4.2. Regulatory Scenario - By Region

4.3  Customer Analysis

4.4. Porters Five Force Model

                4.4.1. Bargaining Power of Suppliers

                4.4.2. Bargaining Powers of Customers

                4.4.3. Threat of New Entrants

                4.4.4. Rivalry among Existing Players

                4.4.5. Threat of Substitutes

Chapter 5. Advanced Ceramics Market   - Landscape

5.1. Value Chain Analysis – Key Stakeholders Impact Analysis

5.2. Market Drivers

5.3. Market Restraints/Challenges

5.4. Market Opportunities

Chapter 6. Advanced Ceramics Market  – By Product Type 

6.1. Monolithic Ceramics 

6.2. Ceramic Coatings 

6.3. Ceramic Matrix Composites 

6.4. Others

Chapter 7. Advanced Ceramics Market  – By Raw Material 

7.1. Alumina  

7.2. Silicon Carbide  

7.3. Zirconia   

7.4. Titanate  

7.5. Other

Chapter 8. Advanced Ceramics Market  – By End Use Industry

8.1. Automotive  

8.2. Electrical & Electronics  

8.3. Industrial Machinery 

8.4. Medical & Bio Ceramics 

8.5. Defence & Security 

8.6. Chemical  

8.7. Others

Chapter 9. Advanced Ceramics Market  , By Geography – Market Size, Forecast, Trends & Insights

9.1. North America

                9.1.1. U.S.A

                9.1.2. Canada

                9.1.3. Mexico

9.2. Europe

                9.2.1. Italy

                9.2.2. Spain

                9.2.3. Russia

                9.2.4. Germany

                9.2.5. UK             

                9.2.6. France

                9.2.7. Rest of Europe

9.3. Asia Pacific

                9.3.1. Japan

                9.3.2. South Korea

                9.3.3. China

                9.3.4. India

                9.3.5. Australia & New Zealand

                9.3.6. Rest of Asia-Pacific

9.4. Rest of the World

                9.4.1. Middle East

                9.4.2. Africa

                9.4.3. South America

                                9.4.3.1. Brazil

Chapter 10. Advanced Ceramics Market   – Company Profiles – (Overview, Product Portfolio, Financials, Developments)

10.1. Company 1

10.2. Company 2

10.3. Company 3

10.4. Company 4

10.5. Company 5

10.6. Company 6

10.7. Company 7

10.8. Company 8

10.9. Company 9

10.10. Company 10

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